Myride Logistics (India) Private Limited
About Myride Logistics (India) Private Limited
Data last updated:
Myride Logistics (India) Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the postal and courier segment of the logistics and supply chain sector. It was incorporated on 22 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U63010TG2015PTC099892. Its GSTIN is 36AAJCM8479M3ZG (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gundlapally Vimala and Donthagoni Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at H.No 16 – 1 – 266 Saidabad Near Vinayaka Temple, Hyderabad, Telangana, India – 500059.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.28 Lakh (net margin 4.6%) and EBITDA of ₹10.55 Lakh (EBITDA margin 6.7%).
As per MCA filings, the company has open charges of ₹4.29 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Myride Logistics (India) Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No 16 – 1 – 266 Saidabad Near Vinayaka Temple, Hyderabad, Telangana, India – 500059
- IndustryLogistics, Postal & Courier
To see the full contact details of Myride Logistics (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Myride Logistics (India) is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Myride Logistics (India) Private Limited, buy the company report.
Financials of Myride Logistics (India) Private Limited
FY 2019 filings availableMyride Logistics (India) Private Limited reported revenue of ₹1.57 Cr (up 529% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 529% in the latest year. EBITDA rose 417% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.57 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹10.55 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.28 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.7% | |||
| Net Profit Margin | 4.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Myride Logistics (India) Private Limited, buy the company report.
Board of directors of Myride Logistics (India) Private Limited
Myride Logistics (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gundlapally Vimala | Director | 22 Jul 2015 | 11 Years 3 Months | Current |
| Donthagoni Lakshmi | Additional Director | 03 Aug 2024 | 2 Years 3 Months | Current |
Peer comparison
Myride Logistics (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jotoyss Ecommerce India Private Limited | ₹1.6 Cr (FY 2022) | 197.0% | Bangalore, Karnataka, India | |||
| Liberty Truck Lines Private Limited | ₹1.6 Cr (FY 2025) | 0.0% | Panchkula, Haryana, India | |||
| Aashu Logistics and Packaging Private Limited | ₹1.58 Cr (FY 2024) | -58.0% | Guwahati, Assam, India | |||
| Panacea Futuresolutions Private Limited | ₹1.58 Cr (FY 2025) | 8.0% | Gurgaon, Haryana, India | |||
| Baray India Private Limited | ₹1.58 Cr (FY 2022) | Delhi, India | ||||
| Myride Logistics (India) Private Limitedthis company | ₹1.57 Cr (FY 2019) | ₹7.28 Lakh | 4.6% | 529.0% | Hyderabad, Telangana, India | |
| Chitransh Express Cargo Private Limited | ₹1.53 Cr (FY 2018) | 194.0% | New Delhi, Delhi, India | |||
| Air Business Xpress Private Limited | ₹1.53 Cr (FY 2024) | 13.0% | Noida, Uttar Pradesh, India | |||
| Fox Express Private Limited | ₹1.52 Cr (FY 2022) | 50.0% | Faridabad, Haryana, India | |||
| Sun-Ex Courier Cargo & Logistics Private Limited | ₹1.48 Cr (FY 2024) | -34.0% | Vellore, Tamil Nadu, India | |||
| Onex Courier and Cargo Private Limited | ₹1.47 Cr (FY 2019) | -34.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Myride Logistics (India) Private Limited, buy the company report.
Auditor
Myride Logistics (India) Private Limited is audited by CRPR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CRPR & ASSOCIATES | FY 2017 | 014403S |
Shareholding
The shareholding of Myride Logistics (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Myride Logistics (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2020 | 100439557 | Others | ₹4.29 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Myride Logistics (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Myride Logistics (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Myride Logistics (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCM8479M3ZG | Telangana | Active | 27 Mar 2020 |
To see the full GST registrations and return filing status of Myride Logistics (India) Private Limited, buy the company report.
Recent activity
Myride Logistics (India) Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Gundlapalli Harish ceased to be Director on 04 Aug 2024.
Frequently asked questions
Myride Logistics (India) is an active private limited company based in Hyderabad, Telangana, India. The company works in postal and courier, within the logistics industry. It was incorporated on 22 July 2015 (11+ years old) and is registered under CIN U63010TG2015PTC099892.
Myride Logistics (India) has 2 current directors:
- Gundlapally Vimala - Director
- Donthagoni Lakshmi - Additional Director
The latest financial statements of Myride Logistics (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Myride Logistics (India) is 36AAJCM8479M3ZG, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Myride Logistics (India) is U63010TG2015PTC099892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Myride Logistics (India) was incorporated on 22 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Myride Logistics (India) by revenue are Jotoyss Ecommerce India Private Limited, Liberty Truck Lines Private Limited, Aashu Logistics and Packaging Private Limited, Panacea Futuresolutions Private Limited, Baray India Private Limited and 5 more, all in the same principal business activity (postal & courier activities).
Gundlapalli Harish ceased to be Director on 04 Aug 2024. Donthagoni Lakshmi was appointed as Additional Director on 03 Aug 2024. Gundlapally Vimala was appointed as Director on 22 Jul 2015.
The registered office of Myride Logistics (India) is at H.No 16 – 1 – 266 Saidabad Near Vinayaka Temple, Hyderabad, Telangana, India – 500059.
Myride Logistics (India) operates in the logistics industry, in the postal and courier segment.
Myride Logistics (India) has open charges of ₹4.29 Lakh and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
